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12.6 crore
- Each player will earn ₹7.5 lakh per game, with franchises collectively allocating ₹12.6 crore for the entire season’s match fees.
People also ask
How much will IPL teams spend on player retention?
How do IPL franchises make money?
How many capped players can a franchise have in IPL?
How many players can a franchise retain before IPL mega auction?
Apr 27, 2021 · Around 60-70 per cent of all revenue earned by IPL teams is generated through media rights, according to Business Insider. How IPL teams make money? IPL teams generate a large percentage...
5 hours ago · The Indian Premier League (IPL) is gearing up for its next season with teams allowed to spend up to Rs 75 crore on player retentions. Franchises can retain five players, with specific costs for each retention tier. Additionally, they can use one Right To Match card to retain a player bought by another team. The excitement around the Indian ...
21 hours ago · Each franchise that opts to retain all five players will have to allocate a massive Rs 75 crore from their overall auction purse, leaving them with limited funds for acquiring new talent at the auction. Right to Match Option still in play for IPL 2025 Auction. In addition to the retention policy, the IPL Governing Council has retained the Right ...
- The economics of IPL. BCCI collects massive revenues from broadcasters and Over-the-top (OTT) platforms by selling media rights. It deducts its share and a big chunk of its revenues are then shared with the IPL teams.
- Brand sponsorship. Apart from media revenue discussed above, IPL franchises generate a sizeable part of their revenue through brand sponsorships. Franchises tie-up with brands to offer visibility to the brand by endorsing their logos on their jerseys, headgear and team kits.
- Ticket sales. The global pandemic affected India’s biggest sporting gala in 2020 and 2021. However, it was back with a bang this year. Now that the stadiums are full of spectators again, a small portion of ticket sales will be offered to sponsors and the BCCI, the rest goes into the team’s wallet.
- Prize money. BCCI offers a colossal amount of prize money to the winning team. In 2018, IPL champion Chennai Super Kings took home ₹20 crore in prize money.
- Media Rights
- Ticket sales/gate Revenue
- Merchandising
- Selling Stake
- Sponsorship
- Prize Money
- Brand Value
- Unlisted Shares
- Conclusion
- FAQs
The official media sponsor of the IPL for the last decade was Sony India, and then Dream 11. The current title sponsor of IPL is TATA Group. Disney+Hotstar is declared as the official broadcaster of IPL 2022, which has further onboarded new sponsors, Zomato, Pristyn Care, Ather Energy, Parle Agro, Livspace, Niyo, Spotify, L'Oreal, Spinny, ahead of ...
The revenue generated from the sale of tickets for matches forms another major source of income for the IPL franchises. Each franchise is entitled to a minimum of 7 home matches, which gives them a fair opportunity to generate money. The ticket revenue share in the IPL team revenue is around 10%. The home team gets a fixed share of the total ticket...
The revenue received from sales of official IPL merchandise also forms a significant part of income for IPL teams. The IPL merchandise includes official jersey replicas, sports souvenirs, and sports equipment, among other things. Merchandising is a huge opportunity for IPL and the franchisees to monetize their brand, and IPL has started replicating...
The IPL franchises can make big gains by selling stakes at the right time. For example, Delhi Capitals, formerly the Delhi Daredevils case. Jindal Steel Works brought a 50% stake in the IPL franchise for a hefty price of INR 550 crore from GMR. The group has expressed its desire to increase its share in the franchise from 50 to 100%. So, within a d...
Everything within the stadium has a price tag, from players batting to the bails on the stamps. The sponsors are the real source of income in the Indian Premium League. All the teams of IPL have sponsors for everything: the main sponsor, a jersey sponsor, and even a sleeve sponsor, which hugely contributes to the overall income. The teams tie up wi...
Prize money is obviously one of the franchise's main income sources. The tournament's winning team gets the largest share of the prize money, which goes to the team owners and the players. In 2023, the winners got INR 20 crores, the runner-up got INR 13 crores, the third place in the playoffs was INR 7 crores, while the fourth place in the playoffs...
Brand value adds a lot to the team. If you have star players like Virat Kohliand MS Dhonior even Rohit Sharmain your team, you have a better chance of attracting brands and investors. Winning IPL or even making it to the Playoffs helps IPL franchises to boost their brand values. This, in turn, helps in easily getting brands on board – at prices tha...
It is worth noting that while it is a new phenomenon for Indian sports franchises, numerous European football franchises have been offering their pre-IPO stocksin cricket fans' lives for a while now. In India, Chennai Super Kings is among the select few sports franchises whose unlisted shares can be traded. These franchises have been able to genera...
Indian Premier League(IPL) is a money-making business and festival for cricket fans worldwide. Cricket fans around the world travel across seven countries and seven continents to watch IPL in India. All credit goes to the cricket league as it has created a bigger impact on cricket fans' lives. It's a money-making league where the money is generated...
What is the brand value of IPL 2023?
The brand value of IPL 2023 is $10.7 Billion.
How do IPL teams make money?
IPL teams make money primarily through sponsorships, broadcasting rights, ticket sales, merchandise, and team merchandise. They also generate revenue from franchise fees paid by team owners and endorsements.
What is IPL merchandise?
The IPL merchandise includes IPL and team t-shirts, key rings, jerseys, polo t-shirts, mobile covers, chargers, caps, joggers, coasters, wristbands and more.
1 hour ago · Franchises thus can spend a maximum of Rs 75 crore on capped players. As for uncapped players, the retention price remains Rs 4 crore. So if a franchise decides to enter the mega auction with six retentions including five capped players, they’ll be left with Rs 41 crore in their purse.
21 hours ago · The auction purse for the franchises has been set at INR 120 Crore for IPL 2025. The total salary cap will now consist of auction purse, incremental performance pay and match fees. Previously in 2024, the total salary cap (auction purse + incremental performance pay) was Rs. 110 Crs which will now be Rs. 146 Crs (2025), Rs. 151 Crs (2026) and Rs. 157 Crs (2027).
